EURCAD Forecast January 9-13
Looking bearish and I'm looking for those supports to be broken to short more, quite a room to fall if the 1.3820 low breaks. However also be wary if support holds.
This is my forecast for the week ahead. It will be updated everyday during asian session for any changes. Do scroll down to look at the comments for updates.
Just because price has reached my area of interest does not mean I will open a position unless I specifically mentioned I would open a position there. I would normally watch the price action before deciding.
Nothing is 100% in trading, it is a game of probabilities. Be nimble when trading, never have a strong bias. I can turn from bullish to bearish in a day if price action tells me so.
This is my forecast for the week ahead. It will be updated everyday during asian session for any changes. Do scroll down to look at the comments for updates.
Just because price has reached my area of interest does not mean I will open a position unless I specifically mentioned I would open a position there. I would normally watch the price action before deciding.
Nothing is 100% in trading, it is a game of probabilities. Be nimble when trading, never have a strong bias. I can turn from bullish to bearish in a day if price action tells me so.
Note
Nothing has changed, still waiting for the supports to be broken, or shorting if price pullbacks to 1.4034.Note
WednesdayPrice has went sideways for a few days and I turn neutral on this pair, waiting for the next move to decide bias.
Note
ThursdayStill awaiting a clear direction.
Note
FridayStill no clear directional bias.
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